A day when humans would spend 50% of our energy on getting energy and 50% on remediating the environmental damages. Cleber's Law in nature, which is the metabolic use of energy by an organism scales with its mass or size to the three quarter power. It so happens that if you do a slope of all of the countries in the world that produce economic output, the slope of that line is around 0.75.
Description
This week, Nate walks through the path we are currently on en route to the Great Simplification - a path towards a “Mordor Economy”. Based on data from colleagues Art Berman and Carey King, Nate untangles the complex relationship between biology, GDP, and net energy. How is an economic metabolism based on a need for growth creating a pathway for increasing amounts of energy to be directed to the energy sector itself? Why hasn’t the rapid growth of renewables satiated our energy appetite? How is the use of credit masking the full energetic-cost of energy? Can we proactively take the necessary steps to reset the balance between energy efficiency and energy consumption to pass through Mordor unscathed and arrive at the Great Simplification?
To Watch on Youtube: https://youtu.be/HoYg9M8brF4
For Show Notes and More: https://www.thegreatsimplification.com/frankly-original/23-mordor-economy